Question
Discussion: Facebook, Inc. Scenario What information can be gathered from Facebooks statement of cash flows for the fiscal year ending December 31, 2019? Find the
Discussion: Facebook, Inc.
Scenario
What information can be gathered from Facebooks statement of cash flows for the fiscal year ending December 31, 2019? Find the statement of cash flows in Facebook, Inc.s annual report for the year ended December 31, 2019, and use it to answer the questions below.
Discussion Questions
1. In your opinion, what were the major sources and uses of cash in the investing activities? Does that information help you understand the balance sheet? What conclusions do you draw?
2. In your opinion, what were the major sources and uses of cash in the financing activities? Does that information help you understand the balance sheet? What conclusions do you draw?
3. What overall conclusion(s) do you draw from the financial statements as a whole? Did the statement of cash flows help at all?
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